Emini S&P 500 expectations.

[malaspina]

Looking for more weakness inside blue circle. Let´s wait and see what happens..

 

[malaspina]

I have my expectations but price action has the final word. I just wait and watch the whole price action context.

 

[malaspina]

Weakness did not happened as expected. Price came back up but still in downtrend mode. Looking for weakness in this retracement.

 

[malaspina]

Violent weakness appeared near the close, watch out during the extended section, there might be new shorting opportunities. Pay close attention to price action.

 

[murray t turtle]

Weakness did not happened as expected. Price came back up but still in downtrend mode. Looking for weakness in this retracement.

%% Its still blow 200dma=bear move; but strong seasonals[OCT=APR[ for stocks could easy favor bulls or bears. Bought some more small cap ETF, + its till blow 200dma-NOT a prediction

 

[malaspina]

%% Its still blow 200dma=bear move; but strong seasonals[OCT=APR[ for stocks could easy favor bulls or bears. Bought some more small cap ETF, + its till blow 200dma-NOT a prediction[/QUOTE]

Thank you murray for your opinion. New ideas are always welcome.

 

[malaspina]

This is my expectation based on this price action, more weakness ahead...???

 

[malaspina]

Extended section pushing prices lower until now, let´s see if this downward movement continues in the regular section.

 

[malaspina]

Bears won the battle, weakness at the end of the day shown the way. Downtrend is in place.

 

[malaspina]

Good shorting opportunities since the downtrend warning given by market price action.